as predicted, a $600k mortgage will cost you an extra $1,100 per month, or $1,833 for $1m mortgage. That’s not pocket change.
Don’t be surprised when it happens. Start planning today. “We’ve” been warned…🫢
We all know interest rates rises are coming, very soon!
Has anyone calculated what the impact of rate rises will be to their monthly loan repayments. Me neither.
In an article written by John Kehoe in The Australian Financial Review (29.4.22), if rates go to 3.4% by mid-2023
Anyone can make money when markets are going up, but the true test always occurs when the tide turns.
These scenarios remind me of Warren Buffet's most famous quote - "It's only when the tide goes out, that you see who has been swimming naked".
Thus far in 2022, the ASX has seen north of $200b wiped off its value. Since Jan 3, we've seen an 11% decline.
The hardest hit sector seems to be tech because, lets face it, too many 'sheep' followed the heard hoping that the wave hadn't yet peaked without planning their exit
before it crashed on the shore.
As is always the case in bull markets, the "johnny come lately" crowd don't concern themselves with the rather important investment fundmental called 'profitability', but they will now.
Premier says he didn’t know about NZers travelling to Melb.
Prof Sutton says he wasn’t at AHPPC meeting when it was discussed.
But, The Age reveals an email from Premier’s own Department that says NZers were free to arrive into Vic.
And minutes show Sutton was at the meeting.
Vic health authorities have admitted if NSW & QLD contact tracing procedures used, Shepparton outbreak could have been prevented. Been on record since mid June that Vic contact tracing methods poor. Vic Govt belatedly sent team to NSW in mid Sept to get help. Yet still?
A major police operation in Western Australia has uncovered a suspected sex ring - involving more than 140 underage victims.
As @_KelHaywood reports 11 people were arrested - after a series of raids. #9News
@bridget_marcou@jameskmurphy22 @EADkent @RobRuadh@MattyScan@DanielAndrewsMP@AllanRaskall A state of disaster caused by his discraceful incompetant handling of hotel quarantine. My god, it was essentially the only real risk we had to manage - returning travelers FFS! Instead he focused on closing golf courses and boat ramps. 🤦♂️🤦♂️🤦♂️